China 20MCC Construction Group (20MCC Group) and Zhejiang Construction Investment Group Co., Ltd. inked a Strategic Cooperative Framework Agreement on July 15, 2014. Chairman Zhang Mengxing of 20MCC Group and Chairman Gao Xingfu of Zhejiang Construction Investment Group signed the agreement respectively on behalf of each party.
As per the agreement, after friendly consultation, and in the principles of equity and free will, complementing each other's advantages and resource sharing, both parties will make full play of their advantages during the follow-up collaboration, expand the cooperative fields and achieve common development on a win-win basis. Both parties agreed that the construction market in Sri Lanka is facing an important development opportunity, and expected to make joint exploration on this market basing upon the current cooperative foundation. This agreement is not only in compliance with the general requirements put forward by the state government on the implementation of global presence strategy by competent construction enterprises, but also living up to the internationalization strategies of both parties.




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